Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland
Iceland: Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) was 2,133 international-$ in 2021 prices in 2017. ▲ Rising
Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland, 2003–2017
Source: Luxembourg Income Study (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Iceland recorded 2,133 international-$ in 2021 prices for threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in 2017. That is the highest value across all 15 years on record.
That represents a change of up 11.2% on the previous year and up 10.6% over ten years.
Over the whole period, threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland peaked at 2,133 international-$ in 2021 prices in 2017 and was at its lowest, 1,564 international-$ in 2021 prices, in 2011.
Iceland ranks 2nd of 47 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 2003 | 1,569 international-$ in 2021 prices | — |
| 2004 | 1,645 international-$ in 2021 prices | +4.9% |
| 2005 | 1,711 international-$ in 2021 prices | +4.0% |
| 2006 | 1,819 international-$ in 2021 prices | +6.3% |
| 2007 | 1,928 international-$ in 2021 prices | +6.0% |
| 2008 | 1,919 international-$ in 2021 prices | -0.5% |
| 2009 | 1,676 international-$ in 2021 prices | -12.7% |
| 2010 | 1,614 international-$ in 2021 prices | -3.7% |
| 2011 | 1,564 international-$ in 2021 prices | -3.1% |
| 2012 | 1,638 international-$ in 2021 prices | +4.8% |
| 2013 | 1,715 international-$ in 2021 prices | +4.7% |
| 2014 | 1,704 international-$ in 2021 prices | -0.7% |
| 2015 | 1,840 international-$ in 2021 prices | +8.0% |
| 2016 | 1,918 international-$ in 2021 prices | +4.3% |
| 2017 | 2,133 international-$ in 2021 prices | +11.2% |
Iceland compared with similar countries
- Iceland's 2,133 international-$ in 2021 prices is above the median for high income countries, which is 1,118 international-$ in 2021 prices, 1.9× the median. (36 countries reporting)
- Iceland's 2,133 international-$ in 2021 prices is above the median for Europe & Central Asia, which is 1,083 international-$ in 2021 prices, 2.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,752 international-$ in 2021 prices | 1,569 international-$ in 2021 prices | 1,928 international-$ in 2021 prices | 7 |
| 2010s | 1,766 international-$ in 2021 prices | 1,564 international-$ in 2021 prices | 2,133 international-$ in 2021 prices | 8 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland?
- Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland was 2,133 international-$ in 2021 prices in 2017, according to Luxembourg Income Study (2026) – with minor processing by Our World in Data.
- What is the highest threshold income per month marking the poorest decile, the median, and the richest decile (after tax) recorded in Iceland?
- The highest recorded value was 2,133 international-$ in 2021 prices in 2017.
- What is the lowest threshold income per month marking the poorest decile, the median, and the richest decile (after tax) recorded in Iceland?
- The lowest recorded value was 1,564 international-$ in 2021 prices in 2011.
- How does Iceland rank for threshold income per month marking the poorest decile, the median, and the richest decile (after tax)?
- Iceland ranks 2nd out of 47 countries with data for 2017.
- Is threshold income per month marking the poorest decile, the median, and the richest decile (after tax) rising or falling in Iceland?
- Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as part of Threshold income per month marking the poorest decile, the median, and the richest decile (after tax). Statizoid updates them automatically from the source API.
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About this data
Level of income per month below which 10% of the population falls.